Nov 29, 2012 6:00am EST
-- a u.s. senator. a law degree from the university of wyoming -- he was elected to the legislature in 1964 and the u.s. senate in 1978 where he served three terms and was elected as majority leader. leaving the senate, he has been director of the institute of politics at harvard and has practiced law. he is the author of the book "right in the old gazoo -- a lifetime of scrapping with the press." the breakfast is being underwritten by areva, a growing player in renewable energy and nuclear energy. we thank them for their support. as always, we are on the record here. please no live blogging or other means of filing -- to give you some time to think. there is no embargo, but c-span has agreed not to air the video of the breakfast until noon today to give those of you who actually paid to attend the breakfast time to file. finally, if you'd like to ask a question please do the traditional thing and send me a subtle, nonthreatening signal. with that, thanks again from our supporters and viewers. >> he always goes first. the times article was right about one thing -- the debt duo, if y
Nov 28, 2012 6:00am EST
through college and law school. these loans make a big difference, whether it is pell grants or loans. let me look at this honestly. 25% of the federal aid education goes to for-profit schools. they have more than double the student loan default rate than any other. there are ways to cut back on spending and education that will give us opportunities and resources for real education, which can be part of our future. when it comes to the most painful topic of all. i came here in 1983 and was told social security would be on its way out. we rolled up with our sleeves and came up with a bipartisan solution that ultimately bought over 50 years of solvency for social security. we raised the retirement age, payable taxes on social security, and we taxed those social security benefits indirectly for the first time. today, social security will make every promised payment for the next 22 years. you cannot say that about much in washington. social security has not added one penny to the deficit. for those who say there is good reason to push it off the table and wait, i would add a note of caution. s
Nov 29, 2012 1:00am EST
, congress can pass a law that would prevent a tax hike, the first $250,000 of everybody's income. everybody -- that means that 98% of america and 97% of small businesses would not see their taxes go up by a single dime. 98% of americans, a 97% of small businesses would not see their income taxes increased. even the wealthiest americans would still get a tax cut, the first $250,000 of their income. it is not like folks who make more than that are not getting a tax break -- they are getting a tax break on the first $250,000 like everybody else. families and small businesses will be able to enjoy some peace of mind heading into christmas and the new year. it will give us more time next year to work together on a comprehensive plan to bring down our deficits, streamline our tax system, and do it in a balanced way. including asking the wealthiest americans to pay a little more so we can still invest in things like education and training in science and research. i know some of this may sound familiar to you. we talked a lot about this during the campaign. this should not be a surprise to anybody.
Nov 29, 2012 8:00pm EST
the manufacturing company at noon eastern an c-span2 3. >> worked his way up, went to harvard law school and then immigrated out west to illinois where the lead mine industry was in its hey day. he arrived after about a month's journey by shi ship, by stagecoach, by train and arrived on this steam boat in this muddy mining town boarded himself in a log cabin, established a law practice in a log cabin and worked his way up and became a successful lawyer. and got involved politically and ran for congress eight terms. and then befriended abraham lincoln from illinois. and then grant. and as they were on the rice, wash burn stayed with them as a close colleague during the civil war. and after grant was elected president he initially appointed him secretary of state. and at that time he became very ill. so after about ten days, he submitted his resignation to president grant and so he accepted his resignation. so over the next several months he refained his health which was always very fradge jill. so grant then offered him the position as interior -- ambassador to france. >> providing politi
Dec 5, 2012 1:00am EST
, dividends. current laws, they go back up. dividends treated as ordinary income. capital gains goes back up to 20%. how much revenue are we talking about? if those become bargaining chips, how much are we giving up? >> under current law, the capital gains rate is scheduled to go to 20%. we are actually talking 23.8%. dividends are scheduled to go to ordinary rates. you need the 3.8% for people who have higher incomes. significant increases in both are scheduled. as you think about the fiscal cliff and what is coming, one of the few places you can see people responding to it is in their behavior around capital gains and dividends. companies are moving up to how, shareholders take a vintage of a lower rate. i expect you will see more investors realize lower capital gains in order to get lower rates. there is clearly money there. there is clearly money that has interesting, distributional characteristics. as you think about the political process trying to structure when a package with a revenue goal and a distribution goal, my prediction is you will see at least some of those increases occur.
Nov 30, 2012 1:00am EST
-- autism spectrum, often the emphasis is specific on children and adults are not considered in state laws or federal research efforts. all the statistics you heard earlier focused on a 8-year-old. we do not look at the p population beyond that. i also think you cannot underestimate the role of poverty in this. to me, a disabled person has to choose essentially between access and no support or going on the ssi program, which places extremely draconian limits on the income you can earn and what you can save. people on sii cannot save more than $2,000 in assets. until we address these systemic -- the systemic poverty that forces people with disabilities, including autistic people and our families, to be held behind economically, we will not be able to address the disparities in the autism world. >> all of those who have come -- please note that there are some individuals in public office who share much of the hope and much of the concern and much of the anxiety that you have expressed. i thank you, mr. chairman, and yield back the balance of my time. >> thank you, mr. davis. the chairman rec
Nov 30, 2012 6:00am EST
law school. he emigrated out west to the lead minee industry was in its heyday. he arrived by stagecoach, by train and arrived in this muddy mining town, boarded himself in a log cabin and slowly worked his way up and became a successful lawyer and got involved politically, ran for congress, search for 8 terms. he then befriended abraham lincoln, obviously from illinois, and ulysses s. grant, and as they were on the rise, he stayed with them as a close confidante and colleague during the civil war. after grant was elected president, he appointed washburn secretary of state. at that time, he became ill. his family feared for his life. after 10 days, he submitted his resignation to president grants. grant regretfully accepted his resignation. over the next several months, he regained his health, which was always fragile. grant offered him the position as minister to france, ambassador to france. >> researcher and author michael hill on washburn, minister to france during the franco- prussian war. he provided political and humanitarian support. humanitarian support. "q & a," s
Dec 4, 2012 8:00pm EST
in the 1990's, a law was passed by a republican congress and signed by a democratic president. what happened? welfare enrollment dropped dramatically. millions of people gained new lives of independence. poverty rates for children fell over 20% in four years. more single moms found jobs. your welfare checks going out and more money for states to spend on child care so more moms could go to work and support themselves. welfare reform worked because it encouraged the best in people. it appealed to their desire to shape their own destiny. it helped get government out of the business of fostering dependency. here is the problem. we have not applied a waltham -- a welfare reform mindset with equal vigor across programs. in most cases, we are still trying to measure compassion by how much spend cannot how many we help. last year, spending on programs came over $1 trillion. what does that mean in practical terms? for that amount of money, you could give every single poor american a check for $22,000. instead, we just spent all of that money trying to fight poverty from government programs. now, wha